Briefly describe a bond ladder and note how and why an investor would use this investment strategy.

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Briefly describe a bond ladder and note how and why an investor would use this investment strategy. What is a tax swap and why would it be used?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:46 AM

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Briefly describe a bond ladder and note how and why an investor would use this investment strategy.

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Bond ladders are a passive investment strategy whereby an equal amount of money is invested in a ser...View the full answer

Fundamentals of Investing

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